Rising youth unemployment during the crisis: how to prevent negative long-term consequences on a generation?

The global economic crisis has hit youth very hard. In the Organisation for Economic Co-operation and Development (OECD) area, the youth (15-24) unemployment rate rose by 6 percentage points in the two years to the end of 2009, to reach almost 19 per cent. There are currently nearly 15 million youth unemployed in the OECD area, about four million more than at the end of 2007. And in countries like France and Italy, about one active youth in four is unemployed, while in Spain more than 40 per cent of them are jobless. After a review of youth labour market developments in the OECD countries and ... Show more

Authors: Scarpetta, Stefano; Sonnet, Anne; Manfredi, Thomas

Published: Paris, France, OECD, 2010

Resource type: Report, paper or authored book

Physical description: 33 p.

Access item: http://www.oecd.org/dataoecd/10/8/44986030.pdf Request Item from NCVER

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